As of the first half of this year, the shipbuilding industry has seen a significant shift in the types of container ships being ordered, with a marked preference for LNG dual-fuel container ships over methanol dual-fuel container ships. According to Clarkson Research,...
Tradeshift’s Q2 Index of Global Trade Health reveals that the recent recovery in global trade activity is beginning to level off, with notable disparities emerging between regions. While trade activity in the US and China continues to build on recent momentum, Europe...
The major Russian port and terminal operator Global Ports has announced its operational results for the second quarter and the first half of 2024. In Q2 2024, the Russian marine container market continued its rapid recovery. Total container throughput at Russian...
KBR announced its blue ammonia technology has been selected by Shell for its Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman. The facility will utilize KBR’s leading ammonia synthesis loop technology to deliver cost-competitive and low-carbon...
Yemen’s Houthi Rebels damaged and destroyed a container ship flying the Singapore flag with two missiles Friday as they intensified their attacks against global shipping in response to Israel’s Gaza War. The Houthis, who are aligned with Iran, also claimed...
The Global Centre for Maritime Decarbonisation in Singapore (GCMD) announced this week that it had completed the final trials of biofuels for ships with German container company Hapag-Lloyd and energy giant BP. The GCMD started an 18-million-dollar project in 2022 to...